The Derivatives Service Bureau Announce OTC ISIN and CFI Service Provision Consultation
The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs) for OTC derivatives, has today announced the annual OTC ISIN and CFI service provision consultation related to the 2023 service provision.
The OTC ISIN and CFI service consultation paper shaping the DSB activity for 2023, is published today on the DSB website. Industry will be able to respond until 5pm UTC on Monday 30 May, with the Final Report of the consultation delivered on Thursday 30 June 2022.
The OTC ISIN and CFI service-related consultation this year will focus on a number of topics, including remediation work following the detailed technical review of the DSB’s cloud infrastructure in 2021, enterprise-wide risk monitoring tools and enhancements to the DSB Graphical User Interface (GUI).
The DSB will also seek industry’s views on whether the DSB should continue to offer Virtual Private Networking connectivity as part of the cost recovery service and on the roll-out of the Client Onboarding and Support Platform (COSP) to OTC ISIN Users.
A DSB webinar on the OTC ISIN and CFI consultation is also taking place on Wednesday 11 May, where details of this year’s consultation will be discussed. Any industry participants who would like to participate can register using the following DSB webinar link.
Emma Kalliomaki, Managing Director of ANNA and the DSB, said, “The annual industry consultation is instrumental in shaping an operating model that helps bring efficiency and harmonisation to the market. Collaboration with stakeholders remains at the core of DSB principles, and we value all feedback provided through the consultation process and via our industry representation groups.”